Latest stories – Page 11
-
Airline BusinessCathay sustainability chief hopeful of ‘more ambition’ in SAF targets
Cathay Pacific’s sustainability chief is hopeful of “more ambition” in targets set for sustainable aviation fuels, amid wider discussion over the sector can boost its sustainability credentials.
-
Airline BusinessCan recovering Asia-Pacific market fulfil wider potential?
After the pandemic-interrupted 2020 and 2022 Singapore air shows, this week’s event served as a reminder of not just how far the industry has come but of the potential still to unlock within the Asia-Pacific region.
-
Airline BusinessNew product enhancements lead Qantas charm offensive as first half profits slip
While underlying pre-tax profits fell 13% in the first half of its financial year, the more pressing challenges facing Qantas have less to do with its fiscal performance and more with improving its public image.
-
Airline BusinessNorwegian ‘very pleased’ about full-year profit and potential Wideroe impact
Scandinavian low-cost carrier Norwegian expects its recently completed acquisition of compatriot Wideroe to begin to have an impact on its earnings in 2024, amid signs that the latter might outperform earlier near-term forecasts
-
Airline BusinessWill airlines get their hands on more new aircraft in 2024?
With the availability of new aircraft continuing to be a sore point for many airlines around the world, Airbus released its latest delivery targets this week.
-
Airline BusinessWary about supply chain snags, Asia’s aviation sector embraces recovery
As recovery sweeps through the Asia-Pacific airline and MRO sectors, the spectre of supply chain challenges looms in the background.
-
Airline BusinessFinnair ‘has made it through the crisis’ after capping profit return with strong end to 2023
Finnair’s interim chief executive Jaakko Schildt believes the company has demonstrated that it has made it through the double crisis of the pandemic and impact from the closure Russian airspace after confirming the airline’s first full-year profit since 2019.
-
Airline BusinessIceland’s Play looks to bolster equity after seismic disruption to profit plan
Icelandic budget carrier Play aims to strengthen its equity through a move onto Iceland’s main stock market as it seeks to build a financial buffer and fuel future growth after a tough end to 2023 as travel demand to Iceland dipped amid concerns around increased seismic activity.
-
Airline BusinessCosts still in sharp focus for USA’s short-haul carriers
The recent suggestion from Wizz Air chief executive Jozsef Varadi that short-haul air travel “is a cost game, not a revenue game” has pertinence beyond that airline’s markets.
-
Airline BusinessLessors see room for consolidation but think big players will only get bigger
Executives from major aircraft lessors expect relatively limited merger and acquisition activity among leading players over the coming years, but organic growth and large order backlogs will help to further concentrate activity among the industry’s top tier.
-
Airline BusinessAllegiant chief compares airline’s low-cost market to ‘private swim lane’
Amid intense competition in the North American low-cost segment, Allegiant Air is seeking separation from the pack by focusing on unique routes and flying primarily during peak air travel times.
-
Airline BusinessLessor role grows as aircraft supply shortage persists
Strong order activity in recent years and continued constraints in aircraft supply mean leading aircraft lessors are likely to become even more prominent players in sourcing the airline global fleet
-
Airline BusinessHow Pieter Elbers is making his mark at emboldened IndiGo
As demonstrated by the airline’s fiscal third-quarter earnings announcement, there is increasingly substance to the predictions about India being a growth engine for the global aviation industry
-
Airline BusinessRegulators in no mood to wave through airline M&A activity
While it quickly became apparent that January 2024 would be remembered as an inauspicious start to the year for airline safety, from the mid-point of the month onwards it was clear that the same would be said regarding consolidation.
-
Airline BusinessHawaiian still searching for profits as Japan recovery drags
US airline group Hawaiian Holdings is still searching for the profitability that has mostly eluded it since the beginning of the Covid-19 pandemic nearly four years ago.
-
Airline BusinessJetBlue slows aircraft delivery schedule as it expects no growth in 2024
Growth will be constrained for US carrier JetBlue Airways throughout 2024 as it expects double-digit numbers of Airbus A320s to be grounded for geared turbofan (GTF) engine inspections.
-
Airline BusinessWhy growing Ryanair expects European short-haul capacity to fall this summer
Ryanair believes that European short-haul capacity will be down year on year in the coming summer season, leaving it significantly below pre-Covid levels, in a development that will support higher fares.
-
Airline BusinessWhat does Red Sea shipping crisis mean for air cargo?
When discussing the air cargo sector’s fortunes in recent months, the advice for anyone of a nervous disposition was often to “look away now”.
-
Airline BusinessHow is Wizz Air handling impact of Middle East war and GTF groundings?
Few airlines in Europe were more exposed to two of the industry’s biggest headwinds in the final three months of 2023 than Wizz Air.
-
Airline BusinessWhy United chief Kirby is unfazed by more operational and cost pressures in 2024
United Airlines chief executive Scott Kirby reflected during the carrier’s earnings call on 23 January that he mostly called 2023 right.